Nozha International (Egypt) Probability of Future Stock Price Finishing Under 4.54
| NINH Stock | 8.47 0.14 1.63% |
Nozha |
Nozha International Target Price Odds to finish below 4.54
The tendency of Nozha Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to 4.54 or more in 90 days |
| 8.47 | 90 days | 4.54 | near 1 |
Based on a normal probability distribution, the odds of Nozha International to drop to 4.54 or more in 90 days from now is near 1 (This Nozha International Hospital probability density function shows the probability of Nozha Stock to fall within a particular range of prices over 90 days) . Probability of Nozha International price to stay between 4.54 and its current price of 8.47 at the end of the 90-day period is over 95.91 .
Assuming the 90 days trading horizon Nozha International Hospital has a beta of -0.78. This indicates as returns on the benchmark increase, returns on holding Nozha International are expected to decrease at a much lower rate. During a bear market, however, Nozha International Hospital is likely to outperform the market. Additionally Nozha International Hospital has an alpha of 0.5375, implying that it can generate a 0.54 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Nozha International Price Density |
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Predictive Modules for Nozha International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nozha International. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Nozha International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nozha International is not an exception. The market had few large corrections towards the Nozha International's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Nozha International Hospital, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nozha International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.54 | |
β | Beta against Dow Jones | -0.78 | |
σ | Overall volatility | 0.74 | |
Ir | Information ratio | 0.1 |
Nozha International Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Nozha International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nozha International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nozha International appears to be risky and price may revert if volatility continues |
Nozha International Technical Analysis
Nozha International's future price can be derived by breaking down and analyzing its technical indicators over time. Nozha Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nozha International Hospital. In general, you should focus on analyzing Nozha Stock price patterns and their correlations with different microeconomic environments and drivers.
Nozha International Predictive Forecast Models
Nozha International's time-series forecasting models is one of many Nozha International's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Nozha International's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Nozha International
Checking the ongoing alerts about Nozha International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nozha International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nozha International appears to be risky and price may revert if volatility continues |